FTX founder Sam Bankman-Fried leaves Manhattan federal court in New York, Thursday, Feb. 16, 2023. The FTX founder returned to a New York courtroom for the second time in two weeks to explain why he keeps accessing parts of the internet that the government can't monitor and how it might affect his bail. Photo: John Minchillo/AP 'Quite Extraordinary Conditions': Judge Concerned About Bankman-Fried's Access to Technology
The government said its goal is to end the "whack-a-mole approach" of seeking new restrictions every time Bankman-Fried's use of another form of technology is detected.
February 16, 2023 at 04:34 PM
4 minute read
U.S. District Judge Lewis Kaplan of the Southern District of New York on Thursday raised concerns about FTX founder Sam Bankman-Fried's access to electronic devices in his parents' home in California as he considered how to set new bail conditions for the indicted ex-cryptocurrency mogul.
Kaplan expressed skepticism about the government's proposal to limit Bankman-Fried to one laptop and one cell phone, both of which would be set up with computer monitoring through the Office of Pretrial Services.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
NY AG James Targets Crypto Fraud Which Allegedly Ensnared Victims With Fake Jobs
4 minute read
‘Issue of First Impression’: New York Judge Clears Coinbase Appeal Amid Crypto Regulatory Clash
4 minute read
Class Certification, Cash-Sweep Cases Among Securities Litigation Trends to Watch in 2025
6 minute readLaw Firms Mentioned
Trending Stories
- 1Family Court 2024 Roundup: Part I
- 2In-House Lawyers Are Focused on Employment and Cybersecurity Disputes, But Looking Out for Conflict Over AI
- 3A Simple 'Trial Lawyer' Goes to the Supreme Court
- 4Clifford Chance Adds Skadden Rainmaker in London
- 5Latham, Kirkland and Paul Weiss Climb UK M&A Rankings
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
